Blog

  • Bankruptcy and Inherited IRAs

    Most of us have worked to build our retirement savings for years – and indeed, for far longer than we’ve had financial problems. Many Texans wrongly assume that their Individual Retirement Account, or IRA is in jeopardy if they opt to file for bankruptcy protection. Federal laws are clear: your retirement funds, including an IRA, […]

  • Divorce and Bankruptcy

    Neither event is pleasant, but when a divorce and bankruptcy are occurring simultaneously, it can add tremendous stress on a couple. The divorce is, by nature, going to shift debt and couples are focusing not on their shared budget, but one of a single person. Because so many divorces occur due to financial problems, many […]

  • Bankruptcy Lawyer is Your Best Advocate

    Usually, by the time clients contact us regarding a chapter 7 bankruptcy, they’ve already considered a number of other options, including filing for bankruptcy protection without legal representation. In fact, the National Bureau of Economic Research estimates more than 200,000 Americans will try to file a bankruptcy case without a lawyer. That’s troubling for me for a number of reasons. […]

  • When Bankruptcy Isn’t the Solution, it Usually Still Is

    For years, my offices have seen thousands of Texas families come through the doors, often not until they’re exhausted and feel as though there’s no other way out of a financial problem that’s ruled their lives for months and sometimes even years. The clients have filed a successful bankruptcy filing case allowed them to start anew.  Many clients […]

  • Texas Bankruptcy Exemptions

    Texas Bankruptcy Exemptions from Erin Shank When you file bankruptcy, write down a list of everything you own at the time you file. If certain property or assets are exempt, you must include them on the list, but you are allowed to keep them because they are exempt. Learn more about Texas Bankruptcy Exemptions in this presentation.  

  • Common Bankruptcy Misconceptions in Texas

    Common Bankruptcy Misconceptions in Texas from Erin Shank The Bankruptcy Code provides that it is a violation of federal law to discriminate in employment against someone who has filed bankruptcy. Learn more about Common Bankruptcy Misconceptions in Texas in this presentation.

  • Avoiding Problems after Bankruptcy

    Your bankruptcy is behind you and that light at the end of the tunnel has opened up to present life without overwhelming debt, lost sleep and fears of endless phone calls and threats from creditors. But now, the question is how to avoid future problems – including creditors who are less than ethical. Recently, a […]

  • How Bankruptcy in America Evolved

    How Bankruptcy in America Evolved from Erin Shank These early laws also tended to favor creditors far more often than those actually filing for bankruptcy protection. Learn more about Bankruptcy in America Evolved in this presentation.  

  • More than One Bankruptcy?

    For years, Donald Trump has been the epitome of wealth and affluence. To most, it seems as though everything he touches turns to gold. But did you know that his companies have filed for bankruptcy at least four times in the past? This isn’t including the recent announcement that his Trump Entertainment Resorts is once again […]